Equity Volatility Quant Researcher Intern (Summer 2027)
Job Summary
Position: Equity Volatility Quant Researcher Intern (Summer 2027)
Location: Miami FL
Firm Overview:
Walleye Capital is a $16 billion multi-strategy investment firm headquartered in New York City with over 350 employees across five main offices. Founded in 2005 as an options market maker we have organically grown into a global investment firm specializing in Fundamental Equities Quant and Volatility strategies.
At Walleye we continuously innovate by focusing on three core principles: approach platform and people. Our approach is to allocate risk capital where we believe there is not only a compelling opportunity but also a clear ability to define our tangible edge. We seek to leverage the mathematical benefits of diversification while utilizing sophisticated infrastructure technology and our balance sheet to do so in a structurally advantageous way. Our platform developed over two decades is central to our operations evolving alongside business complexities and technological advancements to support our teams success. Our people are our greatest asset and weve cultivated an environment that attracts top talent by balancing autonomy with collaboration and intelligence with integrity.
Position Overview:
Walleye Capital is seeking exceptional Quant Researcher Interns to join its longest-standing business Equity Volatility for Summer 2027. We make markets in U.S. single stock and index options running a diverse set of strategies systematic and discretionary grounded in both quantitative rigor and qualitative insight. With a strong foundation our group operates at the frontier of innovation continually evolving our strategies and infrastructure as the options landscape grows in scale complexity and opportunity.
This high-impact internship is designed for deeply analytical technically adept students with a strong intellectual curiosity about options markets. Interns will play a meaningful role in advancing quantitative research projects that drive real-world trading decisions. Structured to reflect the responsibilities of a full-time quant researcher the program offers immersive hands-on exposure to our end-to-end research and trading workflows providing an authentic and rigorous experience at the intersection of theory and execution.
The internship is 10 weeks in length and will take place in Miami from June to August 2027.
Responsibilities:
- Build a strong foundation in options markets through both an academic and a practitioners lens.
- Keep up to date on major macro developments and market-moving headlines with a focus on understanding their implications for trading decisions and portfolio risk.
- Collaborate with seasoned portfolio managers and quantitative researchers specializing in single-stock and index volatility strategies.
- Perform various quantitative research tasks and projects using large-scale volatility datasets.
- Enhance research infrastructure and tools for trading and risk management with an emphasis on leveraging AI.
We seek individuals who:
- Are pursuing an undergraduate or non-MBA advanced degree in a quantitative field with an expected graduation date between December 2027 and June 2028.
- Possess strong programming skillsparticularly in Python and hold experience working with large datasets APIs or databases.
- Demonstrate rigorous analytical thinking with a strong knowledge of probability & statistics (time-series analysis machine learning optimization).
- Are self-starters who enjoy digging into complex open-ended problems and can work both independently and collaboratively with a team.
- Exhibit a genuine interest in financial markets risk taking and using technology in dynamic data-rich environments.
- Showcase creativity and enthusiasm for leveraging AI tools to enhance productivity and improve processes and workflows.
- Thrive in a collaborative culture that values intellectual humility creativity and continuous learning.
Pay Range:
The expected pay for this position is $50000 for 10 weeks. Interns will also receive a $10000 housing stipend and transportation to and from Miami (domestic travel only).
The deadline to apply for this opportunity is Friday July 31 at 11:59pm ET. For questions about the process please review our Campus FAQs.
Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race color religion national origin age sex marital status ancestry physical or mental disability veteran status sexual orientation or any other category protected by applicable law.
If you require a reasonable accommodation to participate in any part of our hiring process please contact .
Personal data you provide will be processed in accordance with Walleye Capital LLCs Privacy Notice available at:
Required Experience:
Intern